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MicroFinancial Incorporated
16 New England Executive Park
Suite 200
Phone: (781) 994-4800p:781 994-4800 Burlington, MA  01803  United States Fax: (781) 994-4710f:781 994-4710

This company ceased filing statements with the SEC on 2/2/2015.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company

Business Summary
MicroFinancial Incorporated (MicroFinancial) operates primarily through its wholly owned subsidiaries, TimePayment Corp. (TimePayment) and Leasecomm Corporation (Leasecomm). TimePayment is a specialized commercial finance company that leases and rents microticket equipment and provides other financing services. The Company provides financing alternatives to a range of lessees ranging from start-up businesses to established enterprises. The Company primarily leases and rent low-priced commercial equipment, which is used by these lessees in their daily operations. The Company primarily sources its originations through a nationwide network of independent equipment vendors, sales organizations, brokers and other dealer-based origination networks. The Company funds its operations through cash provided by operating activities and borrowings under its revolving line of credit. During the year ended 2011, the Company had over 1,000 different dealers originating leases and contracts. As of 12/27/2017, the Company is part of Fortress Investment Group LLC, which is owned by Softbank Group Corp.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
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Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201412/31/2013YesYes---

Industries
SIC Code Description
6159 Miscellaneous business credit institutions

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board Fritz E.von Mering 61 1/1/2012 1/1/2004
President, Chief Executive Officer, Secretary, Treasurer, Clerk, Director Richard F.Latour 60 10/11/2002 1/1/1986
Chief Financial Officer, Senior Vice President James R.Jackson 51 2/1/2014 4/1/2002
6 additional Officers and Directors records available in full report.

Business Names
Business Name
LeaseComm Corporation
TimePayment Corp.

General Information
Number of Employees: 155 (As of 12/31/2013)
Outstanding Shares: 14,433,154 (As of 11/7/2014)
Shareholders: 800
Stock Exchange: NASD
Federal Tax Id: 042962824
Fax Number: (781) 994-4710
Email Address: info@leasecomm.com


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Tuesday, May 3, 2022